In this article, we will discuss the 5 Stocks with the Biggest Share Buybacks. For deeper discussion and analysis, read 20 Stocks with the Biggest Share Buybacks.
5. JPMorgan Chase & Co. (NYSE:JPM)
Stock Buybacks in 12 Months Through September 2025: $27.63 billion
JPMorgan Chase & Co. (NYSE:JPM) announced on April 21 the expansion of its $1.5 trillion, 10-year Security and Resiliency Initiative into Europe. Building on prior momentum in the United States and the United Kingdom, the program is designed to facilitate financing and investment across strategic sectors, including advanced manufacturing, defense and aerospace, energy resilience, frontier technologies, and healthcare innovation.
The same day, The Estée Lauder Companies Inc. commissioned JPMorgan Chase & Co. (NYSE:JPM) to structure a $5.89 billion financing package for a potential takeover bid of Puig, according to Reuters. The mandate highlights JPMorgan’s continued leadership in complex cross-border advisory and capital markets transactions.
JPMorgan Chase & Co. (NYSE:JPM) is one of the world’s leading financial institutions, providing investment banking, commercial banking, asset management, payments, and consumer financial services. Headquartered in New York City, the firm traces its roots to 1799 and has developed into the largest U.S. bank by assets.
Its expansion into strategic European industries and continued dominance in major financing mandates reinforce JPMorgan’s diversified earnings power and global franchise strength. Supported by $27.63 billion of stock buybacks over the prior twelve months, the company remains highly attractive for investors seeking scale, profitability, and shareholder returns.
4. Meta Platforms, Inc. (NASDAQ:META)
Stock Buybacks in 12 Months Through September 2025: $44.23 billion
Meta Platforms, Inc. (NASDAQ:META) disclosed on April 27 that China’s National Development and Reform Commission prohibited foreign investment in the Manus project, requiring Meta to withdraw from the proposed acquisition transaction. Meta stated to Bloomberg that the deal complied with applicable laws and that it expected a resolution to the investigation.
The same day, Meta Platforms, Inc. (NASDAQ:META) announced two partnerships aimed at powering its expanding artificial intelligence infrastructure and data centers. The company is partnering with Overview Energy to deliver up to 1 GW of space solar energy and with Noon Energy to deploy up to 1 GW/100 GWh of ultra-long-duration energy storage, supporting round-the-clock clean power availability.
Meta Platforms, Inc. (NASDAQ:META) is a global technology company that operates social media platforms, messaging services, digital advertising networks, and virtual/augmented reality businesses. Headquartered in Menlo Park, California, the company was founded in 2004 and is increasingly investing in artificial intelligence infrastructure.
While regulatory challenges can create near-term volatility, Meta’s aggressive investment in next-generation energy solutions underscores the scale and durability of its AI ambitions. Combined with $44.23 billion of stock buybacks over the last twelve months, the company offers a compelling blend of growth investment and capital returns.
3. NVIDIA Corporation (NASDAQ:NVDA)
Stock Buybacks in 12 Months Through September 2025: $51.76 billion
NVIDIA Corporation (NASDAQ:NVDA) benefited from ecosystem expansion on April 27 when LiveRamp Holdings, Inc. announced native support for NVIDIA AI infrastructure. The upgrade enables brands and partners to train and deploy compute-intensive models at up to 15x speed while preserving privacy, reinforcing NVIDIA’s central role in enterprise AI workloads.
The day before, Pony AI Inc. unveiled a new autonomous driving domain controller developed in collaboration with NVIDIA Corporation (NASDAQ:NVDA). Built on the NVIDIA Drive Hyperion platform and powered by Drive AGX Thor, the system supports Pony AI’s next phase of commercialization in robotaxis and autonomous mobility applications.
NVIDIA Corporation (NASDAQ:NVDA) designs graphics processing units, accelerated computing systems, and system-on-chip platforms for gaming, professional visualization, data centers, and automotive markets. Headquartered in Santa Clara, California, the company was founded in 1993 and has become a global leader in AI computing infrastructure.
The latest partnerships demonstrate NVIDIA’s ability to monetize AI growth across enterprise software and autonomous vehicles simultaneously. Supported by $51.76 billion in stock buybacks over the prior twelve months, the company remains one of the strongest secular growth stories in global technology.
2. Alphabet Inc. (NASDAQ:GOOGL)
Stock Buybacks in 12 Months Through September 2025: $55.75 billion
Alphabet Inc. (NASDAQ:GOOGL) faced internal debate on April 27 after more than 560 Google employees reportedly signed a letter urging CEO Sundar Pichai to block the use of company AI tools in classified U.S. military operations, according to the Financial Times. The letter cited concerns surrounding lethal autonomous weapons, surveillance, and the ethical deployment of artificial intelligence.
This followed an earlier April 27 announcement from the Office of the Under Secretary of War for Research and Engineering stating that Google’s Gemini for Government 3.1 Pro and 3.0 Flash models were being added to the GenAI.mil platform, citing improved output quality, reduced hallucinations, and enhanced productivity for mission-critical users. Later that day, Alphabet Inc. (NASDAQ:GOOGL) shares also saw moderately bullish options activity ahead of earnings scheduled for April 29, with elevated call volume and expectations for a notable post-results move.
Alphabet Inc. (NASDAQ:GOOGL) operates Google, the world’s leading search engine, while also owning major businesses in digital advertising, cloud computing, YouTube, Android, and artificial intelligence. Founded in 1998, the company is headquartered in Mountain View, California.
Despite debate around AI deployment, Alphabet’s expanding enterprise and government relevance highlight the strategic value of its models and cloud ecosystem. Backed by $55.75 billion of stock buybacks over the last twelve months, the company remains highly attractive for long-term investors.
1. Apple Inc. (NASDAQ:AAPL)
Stock Buybacks in 12 Months Through September 2025: $96.67 billion
Apple Inc. (NASDAQ:AAPL) saw mixed but constructive options sentiment on April 22, with shares rising $7.09, or 2.67%, to $273.26. Options volume ran well above average with calls outpacing puts, while markets priced in a meaningful potential move ahead of earnings scheduled for April 30, suggesting elevated investor focus on near-term results.
The day before, Bloomberg reported that incoming Apple Inc. (NASDAQ:AAPL) CEO John Ternus had already begun overhauling internal operations using AI. Earlier in the month, Ternus reportedly reorganized the hardware engineering group around a new AI platform intended to accelerate product development, improve device quality, and integrate artificial intelligence more deeply into future hardware initiatives.
Apple Inc. (NASDAQ:AAPL) is a leading global technology company that designs and sells consumer electronics, software, and digital services, including the iPhone, Mac, iPad, and Apple Music ecosystem. Founded in 1976, the company is headquartered in Cupertino, California.
Operational AI integration could improve Apple’s innovation speed and product execution while reinforcing confidence in its next growth cycle. With an exceptional $96.67 billion of stock buybacks over the prior twelve months, Apple remains one of the premier shareholder-return stories in global equities.
While we acknowledge the potential of AAPL as the stock with the biggest share buyback, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AAPL and that has 100x upside potential, check out our report about this cheapest AI stock.
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